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Trade wars are good and easy to win!
GDS
Member Posts: 1,470
in Tug Tavern
https://thehill.com/policy/finance/452767-us-imports-to-china-plunge-amid-trade-war
US trade deficit with China increases
U.S. exports to China dropped sharply last month as the Trump administration and Beijing appear no closer to reaching a deal to end a months-long trade war that has affected billions of dollars' worth of goods.
The Associated Press reported Friday that Chinese imports from the U.S. were down 31.4 percent from the same time last year, while the country's surplus from trade with the U.S. grew by 3 percent. U.S. imports from China dropped by a far lower rate — down just 7.8 percent over last year.
US trade deficit with China increases
U.S. exports to China dropped sharply last month as the Trump administration and Beijing appear no closer to reaching a deal to end a months-long trade war that has affected billions of dollars' worth of goods.
The Associated Press reported Friday that Chinese imports from the U.S. were down 31.4 percent from the same time last year, while the country's surplus from trade with the U.S. grew by 3 percent. U.S. imports from China dropped by a far lower rate — down just 7.8 percent over last year.
Comments
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Finally some bad news!
Thanks! -
And when you have a chance how about a link to the quote that says trade wars are good and easy to win
I suspect in the near future you will eat these words as well but keep hope alive! -
RaceBannon said:
And when you have a chance how about a link to the quote that says trade wars are good and easy to win
I suspect in the near future you will eat these words as well but keep hope alive! -
Keep rooting for the away team.
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Gasbag thinks posting facts is rooting for the away team. JFC
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It seems you have triggered an emotional response inside them. Instead of responding they are reacting through habitual pathways they have strengthened through repetition over time. Change is tuff!GDS said:Gasbag thinks posting facts is rooting for the away team. JFC
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Hardly. You either support fair trade with the chicoms or you support continued theft of our intellectual property. I made my choice and you made your choice.
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Gasbag shows yet again he lives in a binary world where you either support tax increases on US citizens in the form of tariffs paid for by US consumers and the resulting retaliation which hurts US businesses or you support IP theft. Thank god Gasbag’s world isn’t the real world.
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Leftard seems to approve the status quo. A choice is by definition binary. For some reason you aren't proposing an alternative. Keep rooting for the away team.
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Wrong again Gasbag. Do you ever get anything right? Seems you are rooting for the away team as you support the damage these tax increases are causing.
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Yes. I support some temporary pain for long term gain. You support the chicoms continued theft of our intellectual property. Keep rooting for the away team.
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I guess not since you are wrong again!
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Scott always opposes tax increases
You can't win a war without some pain.
Or just lay down and let China buy you like they did Biden -
Belly laughs! Media room. Holy shot this is funny.GDS said:RaceBannon said:And when you have a chance how about a link to the quote that says trade wars are good and easy to win
I suspect in the near future you will eat these words as well but keep hope alive! -
I'm doing great. You guys didn't care about the trade deficit before why do you care now?
Hope your feeling lots of pain -
Lots of tax lovers in this thread.
Not the usual crowd, either. -
Everyone except you in this thread crying like a bitch about tariffs wants higher taxesdflea said:Lots of tax lovers in this thread.
Not the usual crowd, either.
But if a tariff helps us beat China they are against it
I don't need cheap knock off shit so nothing's changed for me -
I lean on @UW_Doog_Bot and others for my international economis analysis, but it seems with China we are in a predicament. They need our markets, it seems pretty desperately, we need theirs, I think a little less desperately, but they hold our debt and thus can indirectly affect (or effect) our monetary policy.dflea said:Lots of tax lovers in this thread.
Not the usual crowd, either.
There seems to be a little mutually assured destruction going on here Cold War style. Seems to be the time to lay some tuff lumber on the Chinese and make them play real capitalism with the ultimate capitalist big boy. If not now, when.
I'm not a Trump guy 75%+ of the time, but playing hardball with China seems worth a go. Of course it's going to be painful. Paying the price of gaining ground always hurts. I think it's more than IP theft; it's simply unfair trade. We have a much harder time competing in their markets than they do in ours. I know this for a fact because we? (my company) exports to China. We have teams of people just to deal with their layer upon layer of import agents. As I've said in another thread, things we take as blatant dishonesty here passes for routine business there. You either have a hammer to deal with that or you don't, and if not, you shut up and eat it. If you do, and I think we do, then you swing it. Vito Corleone style.
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Lots of anti free market lovers in this thread as well.dflea said:Lots of tax lovers in this thread.
Not the usual crowd, either. -
CC with an honest post. Not rooting for the away team. Sorta shocked. The vast majority of leftards love to root for the away team. The chicoms debt problem is way worse than ours. Our government is only partially corrupt. Like giving a 30% tax credit for chicom subsidized solar panels. How phu*cking stupid is that.
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Well, I also have an Econ degree from UW, and I'm pretty certain that tariffs and trade restrictions are generally frowned upon because they lead to higher consumer prices, a net loss of jobs, and can escalate into really ugly shit that gets very costly - for consumers, not governments.creepycoug said:
I lean on @UW_Doog_Bot and others for my international economis analysis, but it seems with China we are in a predicament. They need our markets, it seems pretty desperately, we need theirs, I think a little less desperately, but they hold our debt and thus can indirectly affect (or effect) our monetary policy.dflea said:Lots of tax lovers in this thread.
Not the usual crowd, either.
There seems to be a little mutually assured destruction going on here Cold War style. Seems to be the time to lay some tuff lumber on the Chinese and make them play real capitalism with the ultimate capitalist big boy. If not now, when.
I'm not a Trump guy 75%+ of the time, but playing hardball with China seems worth a go. Of course it's going to be painful. Paying the price of gaining ground always hurts. I think it's more than IP theft; it's simply unfair trade. We have a much harder time competing in their markets than they do in ours. I know this for a fact because we? (my company) exports to China. We have teams of people just to deal with their layer upon layer of import agents. As I've said in another thread, things we take as blatant dishonesty here passes for routine business there. You either have a hammer to deal with that or you don't, and if not, you shut up and eat it. If you do, and I think we do, then you swing it. Vito Corleone style.
I know what cocks the Chinese are. They're straight up belligerent thieves, but do we really want to torpedo farmers and turn them into welfare cases to fight intellectual property theft? Stick it to aircraft manufacturers and other users of metals so that software companies can be protected?
Sounds like a whole lot of government interventionist bullshit and higher taxes disguised under the term "tariffs" to me. I'm selfish and I give a fuck about my prices more than this battle. Can we win this? Of course. But there's lots of battles you can win if you're behind raising taxes. Trade-warring with China just isn't my preferred battle.
Not a fan. -
If tariffs were the only way to deal with the issue then I’d agree with you. Luckily for us they aren’t. Unfortunately for us Trump thinks they are. Tariffs cause a lot of unnecessary harm to the US economy and American jobs. If only we had had the potential to join a multinational trade agreement with the strongest IP protections ever negotiated in an effort to contain and counter Chinese economic power...creepycoug said:
I lean on @UW_Doog_Bot and others for my international economis analysis, but it seems with China we are in a predicament. They need our markets, it seems pretty desperately, we need theirs, I think a little less desperately, but they hold our debt and thus can indirectly affect (or effect) our monetary policy.dflea said:Lots of tax lovers in this thread.
Not the usual crowd, either.
There seems to be a little mutually assured destruction going on here Cold War style. Seems to be the time to lay some tuff lumber on the Chinese and make them play real capitalism with the ultimate capitalist big boy. If not now, when.
I'm not a Trump guy 75%+ of the time, but playing hardball with China seems worth a go. Of course it's going to be painful. Paying the price of gaining ground always hurts. I think it's more than IP theft; it's simply unfair trade. We have a much harder time competing in their markets than they do in ours. I know this for a fact because we? (my company) exports to China. We have teams of people just to deal with their layer upon layer of import agents. As I've said in another thread, things we take as blatant dishonesty here passes for routine business there. You either have a hammer to deal with that or you don't, and if not, you shut up and eat it. If you do, and I think we do, then you swing it. Vito Corleone style. -
RaceBannon said:
I'm doing great. You guys didn't care about the trade deficit before why do you care now?
Hope your feeling lots of pain
Race goes with the ole hey I ain’t hurting so who cares if it’s hurting millions of my fellow Americans. Race is a true patriot. -
ThanksGDS said:RaceBannon said:I'm doing great. You guys didn't care about the trade deficit before why do you care now?
Hope your feeling lots of pain
Race goes with the ole hey I ain’t hurting so who cares if it’s hurting millions of my fellow Americans. Race is a true patriot. -
You can’t gain ground against a sneaky opponent without sacrifice. Your Econ books would never teach you that. You’d need to read some history to figure that out.dflea said:
Well, I also have an Econ degree from UW, and I'm pretty certain that tariffs and trade restrictions are generally frowned upon because they lead to higher consumer prices, a net loss of jobs, and can escalate into really ugly shit that gets very costly - for consumers, not governments.creepycoug said:
I lean on @UW_Doog_Bot and others for my international economis analysis, but it seems with China we are in a predicament. They need our markets, it seems pretty desperately, we need theirs, I think a little less desperately, but they hold our debt and thus can indirectly affect (or effect) our monetary policy.dflea said:Lots of tax lovers in this thread.
Not the usual crowd, either.
There seems to be a little mutually assured destruction going on here Cold War style. Seems to be the time to lay some tuff lumber on the Chinese and make them play real capitalism with the ultimate capitalist big boy. If not now, when.
I'm not a Trump guy 75%+ of the time, but playing hardball with China seems worth a go. Of course it's going to be painful. Paying the price of gaining ground always hurts. I think it's more than IP theft; it's simply unfair trade. We have a much harder time competing in their markets than they do in ours. I know this for a fact because we? (my company) exports to China. We have teams of people just to deal with their layer upon layer of import agents. As I've said in another thread, things we take as blatant dishonesty here passes for routine business there. You either have a hammer to deal with that or you don't, and if not, you shut up and eat it. If you do, and I think we do, then you swing it. Vito Corleone style.
I know what cocks the Chinese are. They're straight up belligerent thieves, but do we really want to torpedo farmers and turn them into welfare cases to fight intellectual property theft? Stick it to aircraft manufacturers and other users of metals so that software companies can be protected?
Sounds like a whole lot of government interventionist bullshit and higher taxes disguised under the term "tariffs" to me. I'm selfish and I give a fuck about my prices more than this battle. Can we win this? Of course. But there's lots of battles you can win if you're behind raising taxes. Trade-warring with China just isn't my preferred battle.
Not a fan. -
Then why are other countries charging tariffs on American goods when we're not charging them?dflea said:
Well, I also have an Econ degree from UW, and I'm pretty certain that tariffs and trade restrictions are generally frowned upon because they lead to higher consumer prices, a net loss of jobs, and can escalate into really ugly shit that gets very costly - for consumers, not governments.creepycoug said:
I lean on @UW_Doog_Bot and others for my international economis analysis, but it seems with China we are in a predicament. They need our markets, it seems pretty desperately, we need theirs, I think a little less desperately, but they hold our debt and thus can indirectly affect (or effect) our monetary policy.dflea said:Lots of tax lovers in this thread.
Not the usual crowd, either.
There seems to be a little mutually assured destruction going on here Cold War style. Seems to be the time to lay some tuff lumber on the Chinese and make them play real capitalism with the ultimate capitalist big boy. If not now, when.
I'm not a Trump guy 75%+ of the time, but playing hardball with China seems worth a go. Of course it's going to be painful. Paying the price of gaining ground always hurts. I think it's more than IP theft; it's simply unfair trade. We have a much harder time competing in their markets than they do in ours. I know this for a fact because we? (my company) exports to China. We have teams of people just to deal with their layer upon layer of import agents. As I've said in another thread, things we take as blatant dishonesty here passes for routine business there. You either have a hammer to deal with that or you don't, and if not, you shut up and eat it. If you do, and I think we do, then you swing it. Vito Corleone style.
I know what cocks the Chinese are. They're straight up belligerent thieves, but do we really want to torpedo farmers and turn them into welfare cases to fight intellectual property theft? Stick it to aircraft manufacturers and other users of metals so that software companies can be protected?
Sounds like a whole lot of government interventionist bullshit and higher taxes disguised under the term "tariffs" to me. I'm selfish and I give a fuck about my prices more than this battle. Can we win this? Of course. But there's lots of battles you can win if you're behind raising taxes. Trade-warring with China just isn't my preferred battle.
Not a fan.
Did their countries explode. -
GDS said:
Gasbag thinks posting facts is rooting for the away team. JFC
JfcTurdBomber said:
You can’t gain ground against a sneaky opponent without sacrifice. Your Econ books would never teach you that. You’d need to read some history to figure that out.dflea said:
Well, I also have an Econ degree from UW, and I'm pretty certain that tariffs and trade restrictions are generally frowned upon because they lead to higher consumer prices, a net loss of jobs, and can escalate into really ugly shit that gets very costly - for consumers, not governments.creepycoug said:
I lean on @UW_Doog_Bot and others for my international economis analysis, but it seems with China we are in a predicament. They need our markets, it seems pretty desperately, we need theirs, I think a little less desperately, but they hold our debt and thus can indirectly affect (or effect) our monetary policy.dflea said:Lots of tax lovers in this thread.
Not the usual crowd, either.
There seems to be a little mutually assured destruction going on here Cold War style. Seems to be the time to lay some tuff lumber on the Chinese and make them play real capitalism with the ultimate capitalist big boy. If not now, when.
I'm not a Trump guy 75%+ of the time, but playing hardball with China seems worth a go. Of course it's going to be painful. Paying the price of gaining ground always hurts. I think it's more than IP theft; it's simply unfair trade. We have a much harder time competing in their markets than they do in ours. I know this for a fact because we? (my company) exports to China. We have teams of people just to deal with their layer upon layer of import agents. As I've said in another thread, things we take as blatant dishonesty here passes for routine business there. You either have a hammer to deal with that or you don't, and if not, you shut up and eat it. If you do, and I think we do, then you swing it. Vito Corleone style.
I know what cocks the Chinese are. They're straight up belligerent thieves, but do we really want to torpedo farmers and turn them into welfare cases to fight intellectual property theft? Stick it to aircraft manufacturers and other users of metals so that software companies can be protected?
Sounds like a whole lot of government interventionist bullshit and higher taxes disguised under the term "tariffs" to me. I'm selfish and I give a fuck about my prices more than this battle. Can we win this? Of course. But there's lots of battles you can win if you're behind raising taxes. Trade-warring with China just isn't my preferred battle.
Not a fan. -
When that’s the best you can muster, you’ve clearly capsized.CirrhosisDawg said:GDS said:Gasbag thinks posting facts is rooting for the away team. JFC
JfcTurdBomber said:
You can’t gain ground against a sneaky opponent without sacrifice. Your Econ books would never teach you that. You’d need to read some history to figure that out.dflea said:
Well, I also have an Econ degree from UW, and I'm pretty certain that tariffs and trade restrictions are generally frowned upon because they lead to higher consumer prices, a net loss of jobs, and can escalate into really ugly shit that gets very costly - for consumers, not governments.creepycoug said:
I lean on @UW_Doog_Bot and others for my international economis analysis, but it seems with China we are in a predicament. They need our markets, it seems pretty desperately, we need theirs, I think a little less desperately, but they hold our debt and thus can indirectly affect (or effect) our monetary policy.dflea said:Lots of tax lovers in this thread.
Not the usual crowd, either.
There seems to be a little mutually assured destruction going on here Cold War style. Seems to be the time to lay some tuff lumber on the Chinese and make them play real capitalism with the ultimate capitalist big boy. If not now, when.
I'm not a Trump guy 75%+ of the time, but playing hardball with China seems worth a go. Of course it's going to be painful. Paying the price of gaining ground always hurts. I think it's more than IP theft; it's simply unfair trade. We have a much harder time competing in their markets than they do in ours. I know this for a fact because we? (my company) exports to China. We have teams of people just to deal with their layer upon layer of import agents. As I've said in another thread, things we take as blatant dishonesty here passes for routine business there. You either have a hammer to deal with that or you don't, and if not, you shut up and eat it. If you do, and I think we do, then you swing it. Vito Corleone style.
I know what cocks the Chinese are. They're straight up belligerent thieves, but do we really want to torpedo farmers and turn them into welfare cases to fight intellectual property theft? Stick it to aircraft manufacturers and other users of metals so that software companies can be protected?
Sounds like a whole lot of government interventionist bullshit and higher taxes disguised under the term "tariffs" to me. I'm selfish and I give a fuck about my prices more than this battle. Can we win this? Of course. But there's lots of battles you can win if you're behind raising taxes. Trade-warring with China just isn't my preferred battle.
Not a fan. -
You’re being disingenuous. The new agreement had no teeth-in regards to Chinas theft of IP, manipulation of currency or forcing them to let US entities play in their financial markets for real. For instance, their market has a huge thirst for American trucks and “muscle” cars. But hardly any are being exported.GDS said:
If tariffs were the only way to deal with the issue then I’d agree with you. Luckily for us they aren’t. Unfortunately for us Trump thinks they are. Tariffs cause a lot of unnecessary harm to the US economy and American jobs. If only we had had the potential to join a multinational trade agreement with the strongest IP protections ever negotiated in an effort to contain and counter Chinese economic power...creepycoug said:
I lean on @UW_Doog_Bot and others for my international economis analysis, but it seems with China we are in a predicament. They need our markets, it seems pretty desperately, we need theirs, I think a little less desperately, but they hold our debt and thus can indirectly affect (or effect) our monetary policy.dflea said:Lots of tax lovers in this thread.
Not the usual crowd, either.
There seems to be a little mutually assured destruction going on here Cold War style. Seems to be the time to lay some tuff lumber on the Chinese and make them play real capitalism with the ultimate capitalist big boy. If not now, when.
I'm not a Trump guy 75%+ of the time, but playing hardball with China seems worth a go. Of course it's going to be painful. Paying the price of gaining ground always hurts. I think it's more than IP theft; it's simply unfair trade. We have a much harder time competing in their markets than they do in ours. I know this for a fact because we? (my company) exports to China. We have teams of people just to deal with their layer upon layer of import agents. As I've said in another thread, things we take as blatant dishonesty here passes for routine business there. You either have a hammer to deal with that or you don't, and if not, you shut up and eat it. If you do, and I think we do, then you swing it. Vito Corleone style.
The US has to make this stand eventually. It’s better to do it now when the economy is still growing.
And I have to LOL at poasters calling a tariff a tax but not saying shit about what the State and Local Governments up and down the West Coast are doing to them in regards to taxes this year. They are absolutely ca$hing in on all of us, Thanks to the TDS’ers. -
Shut up, ass face, unless you're going to dig into your history book and point out the trade war that didn't lead to higher consumer prices and lower employment. Was there a specific case you wanted to bring up or are you just being your typical smarmy cunt self?TurdBomber said:
You can’t gain ground against a sneaky opponent without sacrifice. Your Econ books would never teach you that. You’d need to read some history to figure that out.dflea said:
Well, I also have an Econ degree from UW, and I'm pretty certain that tariffs and trade restrictions are generally frowned upon because they lead to higher consumer prices, a net loss of jobs, and can escalate into really ugly shit that gets very costly - for consumers, not governments.creepycoug said:
I lean on @UW_Doog_Bot and others for my international economis analysis, but it seems with China we are in a predicament. They need our markets, it seems pretty desperately, we need theirs, I think a little less desperately, but they hold our debt and thus can indirectly affect (or effect) our monetary policy.dflea said:Lots of tax lovers in this thread.
Not the usual crowd, either.
There seems to be a little mutually assured destruction going on here Cold War style. Seems to be the time to lay some tuff lumber on the Chinese and make them play real capitalism with the ultimate capitalist big boy. If not now, when.
I'm not a Trump guy 75%+ of the time, but playing hardball with China seems worth a go. Of course it's going to be painful. Paying the price of gaining ground always hurts. I think it's more than IP theft; it's simply unfair trade. We have a much harder time competing in their markets than they do in ours. I know this for a fact because we? (my company) exports to China. We have teams of people just to deal with their layer upon layer of import agents. As I've said in another thread, things we take as blatant dishonesty here passes for routine business there. You either have a hammer to deal with that or you don't, and if not, you shut up and eat it. If you do, and I think we do, then you swing it. Vito Corleone style.
I know what cocks the Chinese are. They're straight up belligerent thieves, but do we really want to torpedo farmers and turn them into welfare cases to fight intellectual property theft? Stick it to aircraft manufacturers and other users of metals so that software companies can be protected?
Sounds like a whole lot of government interventionist bullshit and higher taxes disguised under the term "tariffs" to me. I'm selfish and I give a fuck about my prices more than this battle. Can we win this? Of course. But there's lots of battles you can win if you're behind raising taxes. Trade-warring with China just isn't my preferred battle.
Not a fan.
